Ownership of a Timeshare in Hawaii:
A Home in Paradise

Few people can afford a luxurious second home in an exclusive vacation area - especially on Kauai, where land costs are high and new construction is strictly limited. Even those who can afford it usually don't want the hassle of taking care of a second property. Vacation ownership, however, makes it not only possible, but simple and affordable. It's a great way to ensure a lifetime of top quality vacations.

When you purchase this vacation, you hold the fee-simple deed and title to your share of a PAHIO Resort condominium, with the right to use it for a specified amount of time each year. Your "timeshare" is yours in perpetuity. You can rent, sell or bequeath it just as you would any other asset. Yet the expense of buying, owning and maintaining the property is shared, keeping your total costs down.  In essence, you get the full enjoyment of a vacation home without the high costs and responsibilities. As hotel costs continue to rise in the coming years, you'll have guaranteed accommodations of the finest quality.

Name:  Makai Club Cottages at Princeville

Location:  directly on the Princeville Golf Course, island of Kauai, Hawaii

Retail Value:  approx. $11,000.00

Average yearly maintenance fees:  $850.00

Description:

One of Hawaii’s most widely acclaimed resort developments, Princeville is perhaps best know for it superb golf course, designed by Robert Trent Jones, Jr.  The nearby Makai course is comprised of three nine-hole layouts.  After a round on the links, enjoy many amenities at the Princeville Spa and Health Club, including aerobics and lap pool.  You can grab a racquet and play a set at the nearby tennis club, which features eight courts.  Naturally, aquatic activities are in abundance with the Pacific Ocean, famous Hanalei Bay, and many different beaches within a couple miles of your door.

• quiet, 17 unit timeshare
• each unit is being fully remodeled and the costshave already been paid
• floating week – you are not locked in to a specific week
• sleeps 6
• 2 master bedrooms each with its own bath
• Queen-size pullout couch
• Fully furnished
• Washer & Dryer
• Private patio
• Full kitchen
• Built in 1979, recently remodeled
• Pool on property
• 5 minute walk to beautiful ocean view


This unit is located directly on the Princeville Golf Course.

• Short walk to fabulous beach at St. Regis Hotel
• 3 minute drive to shopping & restaurants
• Princeville community enjoys two golf courses designed by Robert Trent Jones; walking paths; tennis courts; and swimming pools
• Short drive to Hanelei Bay for surfing, swimming, scuba, wind-surfing, jogging, kayaking, and canoeing

A complete Prospectus is available for interested bidders.

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